In the biggest leveraged buyout since the economic crisis began, the world's third-largest personal computer maker has agreed to be sold to a group led by CEO Michael Dell and technology-focused investment firm Silver Lake. Hogan Lovells is advising Dell on the deal, Wachtell is representing the company's namesake founder, and Simpson Thacher is serving as Silver Lake's outside counsel. Davis Polk, Debevoise, Sullivan & Cromwell, and Weil are also involved.
February 05, 2013 at 06:39 AM
1 minute read
The original version of this story was published on The American Lawyer
Dude, Dell’s going private.
Texas-based computer maker Dell Inc. announced Tuesday that it has agreed to be sold to a group led by company founder Michael Dell and technology-focused investment firm Silver Lake. Once completed, the $24.4 billion transaction would be the largest leveraged buyout since the economic crisis began.
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